No sign of Kampo yet to try and put a base under the USD/JPY and the pair is sliding slowly lower towards reported stops below 82.25.

The low so far has been 82.51 but bulls will be heartened by some solid technical support around this level; the 100-day MA is at 82.58 and the 50% retracement of 81.10/84.00 is at 82.55.